1181.21
Regulating consumer finance companies.

(A)
As used in
this section, "consumer finance company" has the same meaning as in section
1181.05 of the Revised Code.

(B)
The superintendent of
financial institutions shall see that the laws relating to consumer finance
companies are executed and enforced.

(C)
The deputy superintendent for consumer
finance shall be the principal supervisor of consumer finance companies. In
that position the deputy superintendent for consumer finance shall,
notwithstanding section
1321.421 , division (A) of section
1321.76 , and sections
1321.07 ,
1321.55 ,
1322.06 ,
4727.05 , and
4728.05 of the Revised Code, be
responsible for conducting examinations and preparing examination reports under
those sections. In addition, the deputy superintendent for consumer finance
shall, notwithstanding sections
1315.27 ,
1321.10 ,
1321.43 ,
1321.54 ,
1321.77 ,
1322.12 ,
4712.14 ,
4727.13 , and
4728.10 of the Revised Code, have
the authority to adopt rules and standards in accordance with those sections.
In performing or exercising any of the examination, rule-making, or other
regulatory functions, powers, or duties vested by this division in the deputy
superintendent for consumer finance, the deputy superintendent for consumer
finance shall be subject to the control of the superintendent of financial
institutions and the director of commerce.